Acec Research Institute is located in Washington, DC. The organization was established in 1979. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acec Research Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Acec Research Institute generated $862.5k in total revenue. All expenses for the organization totaled $845.6k during the year ending 06/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LEADING SOURCE OF KNOWLEDGE AND THOUGHT LEADERSHIP FOR CREATING A MORE SUSTAINABLE, SAFE, SECURE, AND TECHNICALLY ADVANCED BUILT ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH: ACEC RESEARCH INSTITUTE PRODUCES RESEARCH INTO ISSUES OF CRITICAL IMPORTANCE TO THE ENGINEERING INDUSTRY.
SCHOLARSHIPS: ACEC RESEARCH INSTITUTE SCHOLARSHIP PROGRAMS PROVIDE FINANCIAL ASSISTANCE TO PROMISING ENGINEERING STUDENTS.
REGISTERED CONTINUING EDUCATION PROGRAM (RCEP): A NATIONWIDE PORTAL FOR ENGINEERING EDUCATION AND RECORDKEEPING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Linda Bauer Darr President & CEO | OfficerTrustee | 1 | $0 |
John Carrato Chair | OfficerTrustee | 5 | $0 |
Michael Carragher Vice Chair | OfficerTrustee | 1 | $0 |
Michael Corkery Treasurer | OfficerTrustee | 1 | $0 |
Steven Lefton Board Member | Trustee | 1 | $0 |
Nicolas Mangon Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $38,266 |
Related organizations | $150,000 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $516,788 |
Noncash contributions included in lines 1a–1f | $1,737 |
Total Revenue from Contributions, Gifts, Grants & Similar | $705,054 |
Total Program Service Revenue | $103,160 |
Investment income | $19,119 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $14,957 |
Net Income from Fundraising Events | $20,201 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $862,491 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $38,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $437,930 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,961 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $576 |
Fees for services: Other | $233,618 |
Advertising and promotion | $77,262 |
Office expenses | $6,958 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $46,641 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $675 |
Total functional expenses | $845,621 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $360,720 |
Savings and temporary cash investments | $300,000 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $475,401 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $28,000 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $191,654 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,355,775 |
Accounts payable and accrued expenses | $465,945 |
Grants payable | $0 |
Deferred revenue | $23,025 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $488,970 |
Net assets without donor restrictions | $854,867 |
Net assets with donor restrictions | $11,938 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,355,775 |